Compromises and Rewards: Stable and Non-manipulable Probabilistic Pairing
(2015) In Working Paper / Department of Economics, School of Economics and Management, Lund University- Abstract
- Can we reconcile stability with non-manipulability in pairing problems by selecting lotteries over matchings?We examine the problem of eliciting preferences to make pairs as introduced by Gale and Shapley (1962). We develop ex-ante notions of stability and non-manipulability that are parameterized by collections of utility functions. In particular, we study the collection of utility functions with increasing differences for which stability and non-manipulability turn out to characterize Compromises and Rewards. This is a novel rule that is fundamentally different from the one that has attracted most attention in the literature, Deferred Acceptance.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/8230888
- author
- Gudmundsson, Jens LU
- organization
- publishing date
- 2015
- type
- Working paper/Preprint
- publication status
- published
- subject
- keywords
- Rewards, Compromises, Non-manipulability, Stability, Lottery, Pairing
- in
- Working Paper / Department of Economics, School of Economics and Management, Lund University
- issue
- 32
- pages
- 27 pages
- publisher
- Department of Economics, Lund University
- language
- English
- LU publication?
- yes
- id
- e0077c87-0689-4703-9264-1abadeb554f1 (old id 8230888)
- alternative location
- http://swopec.hhs.se/lunewp/abs/lunewp2015_032.htm
- date added to LUP
- 2016-04-04 11:48:57
- date last changed
- 2018-11-21 21:07:23
@misc{e0077c87-0689-4703-9264-1abadeb554f1, abstract = {{Can we reconcile stability with non-manipulability in pairing problems by selecting lotteries over matchings?We examine the problem of eliciting preferences to make pairs as introduced by Gale and Shapley (1962). We develop ex-ante notions of stability and non-manipulability that are parameterized by collections of utility functions. In particular, we study the collection of utility functions with increasing differences for which stability and non-manipulability turn out to characterize Compromises and Rewards. This is a novel rule that is fundamentally different from the one that has attracted most attention in the literature, Deferred Acceptance.}}, author = {{Gudmundsson, Jens}}, keywords = {{Rewards; Compromises; Non-manipulability; Stability; Lottery; Pairing}}, language = {{eng}}, note = {{Working Paper}}, number = {{32}}, publisher = {{Department of Economics, Lund University}}, series = {{Working Paper / Department of Economics, School of Economics and Management, Lund University}}, title = {{Compromises and Rewards: Stable and Non-manipulable Probabilistic Pairing}}, url = {{http://swopec.hhs.se/lunewp/abs/lunewp2015_032.htm}}, year = {{2015}}, }